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Japan Times (Free subscription) | 11/12/2008
Three insurance firms and China's state fund are in talks with American International Group Inc. over the takeover of its life insurance unit American Life Insurance Co., sources said. Alico, headquartered in the U.S., operates in 55 countries, including Japan. Read the full story
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Nikkei (Free subscription) | 26/11/2008
Alico Japan Suffers Y141bn Net Loss In 1st HalfTOKYO (Nikkei)--Alico Japan, a branch of U.S.-based American Life Insurance Co., chalked up a 141 billion yen net loss for the fiscal first half mainly because of a plunge in the value of its shares in American International Group (AIG) Inc.
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Times of India (Free subscription) | 24/12/2008
... hold as AIG plans to sell shares in AIG Star and AIG Edison along with American Life Insurance Co (ALICO) under its global restructuring plans, said AIG in a statement. "The merger should reflect the intention of new shareholders," AIG said in a statement. AIG has been trying to sell assets after nearly collapsing in September and has said it plans to sell its businesses in Asia including...
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Reuters UK (Free subscription) | 24/12/2008
... hold as AIG plans to sell shares in AIG Star and AIG Edison along with American Life Insurance Co (ALICO) under its global restructuring plans, said AIG in a statement."The merger should reflect the intention of new shareholders," AIG said in a statement.AIG has been trying to sell assets after nearly collapsing in September and has said it plans to sell its businesses in Asia including...
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Complaints Board - Latest Cheaters (Free subscription) | 18/12/2008
Dear Sirs, my name is Germaine Morris naguib. working for AIG egypt and ALIco since 2002. Top producer for Alico life insurance and recentlt working in general insurance and joined the AIG. I had a meeting with the ag in which...
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Reuters UK (Free subscription) | 04/12/2008
... assets globally.The insurer has said it will sell its three Japanese life insurance businesses -- Alico Japan, AIG Edison Life Insurance Co and AIG Star Life Insurance Co.T&D is considering bidding for AIG Edison Life Insurance Co and AIG Star Life Insurance, the Asahi said.A Japanese unit of Prudential Financial Inc (PRU.N: ) plans to bid for the same two units, people familiar with the...
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Reuters UK (Free subscription) | 10/12/2008
... is in separate talks with AIG (AIG.N: , , ) about buying its unit, American Life Insurance Co, or Alico, and the deal is likely to close in the new year, said the sources, who spoke on condition of anonymity.AIG, once the world's largest insurer by market value, is looking to shed assets around the globe to repay a $152 billion U.S. government rescue package.On top of that, it owes around...
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Big Cat News (Free subscription) | 30/11/2008
Driver on Alico Road responsible for another panther death By VALLI FINNEY (Contact) Originally published 3:22 p.m., Friday, November 28, 2008 Updated 6:59 p.m., Friday, November 28, 2008 NAPLES — An endangered male Florida panther was killed by a vehicle Wednesday evening on Alico Road in south Lee County. The panther's carcass was near Devore Lane in the eastbound lanes of Alico...
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Reuters UK (Free subscription) | 10/12/2008
TOKYO (Reuters) - Insurance firms Axa , MetLife and Prudential , and China's sovereign wealth fund CIC are all in talks to buy a unit of U.S. insurance firm AIG in a deal that is likely to fetch $10.8 billion (7.31 billion pounds), sources said on Wednesday.
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Bluejay Basketball (Free subscription) | 25/11/2008
Bradley (2-2) vs. Richmond (3-1) 4:00 p.m. Alico Arena; Fort Meyers, Florida Well, I guess it is like they say, a win is a win. Thanks in part to sophomore Will Egolf, Bradley was able to come back and barely escape the Florida-Gulf Coast Eagles last night. Theron Wilson and Sam Maniscalco each chipped in 13 points to tie with game-high honors. The Braves look to carry this bit of momentum into...
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Bluejay Basketball (Free subscription) | 25/11/2008
Bradley (1-2) vs. Florida Gulf Coast (1-2) 6:00 p.m. Alico Arena; Fort Myers, Florida The Braves lost their first game in Fort Myers, to Valley-killers Missouri-Kansas City. After disposing of Wichita State on the road, UMKC beat Bradley 73-61 . BU was sloppy in the loss, committing 23 turnovers and recording just 11 assists. A staple of previous Braves teams, the 3-point shot, seems to be missing...
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Biofuels Digest (Free subscription) | 25/11/2008
BioCycle has published a valuable update on the status of the six cellulosic ethanol demonstration-scale projects that received Department of Energy grants of between $40 and $76 million last year. Since 2007, Iogen and Alico have dropped out of the DOE program; however, BlueFire Ethanol, Range Fuels, POET and Abengoa Energy have pressed forward with [...]